First US-based NoW reporter is arrested — James Desborough arrested by police investigating UK hacking allegations, while Glenn Mulcaire sues News International — James Desborough, an award-winning former reporter at the News of the World, has been arrested by officers investigating the phone-hacking scandal.

News Corp executives mull chance James Murdoch may leave — (Reuters) - News Corp's senior management is starting to think about what the company might do if James Murdoch stepped aside, sources inside and close to the global media empire said. — With Rupert Murdoch's younger son under …

That Remake of AOL? It's Still Being Written — SAN FRANCISCO — AOL hit a hard bump on its road to becoming a digital media company. — Last week it reported another loss and told Wall Street analysts it was not going to get much better: operating income for the year could be down as much as 20 percent because of weaker ad sales.

New York Press Is Dead, Long Live Our Town Downtown — As has been rumored for weeks, Manhattan Media is shutting down the New York Press and reviving Our Town Downtown, starting September 1. The weekly publication-a magazine/community newspaper hybrid, according to the press release-will focus on news …

Christine O'Donnell and Howard Schultz — The former Senate candidate talks about the 2012 GOP field and her new book, and the Starbucks CEO on his plan to boycott campaign donations. — Set edition preference — READ about Piers Morgan's long career in journalism here.

Memo to newspapers: The future of media is a two-way street — Plenty of newspapers and other mainstream media entities are happy to use social tools like Twitter and Facebook to promote their content, host comments on their news stories in order to build traffic, and otherwise try and take advantage of the web.

Ex-WPer Morley named Salon Washington editor — Romenesko Misc. — Jefferson Morley tells me he becomes Washington Editor of Salon “at the behest of David Talbot, founder/editor/CEO who wants to reemphasize political coverage of the Great Recession, the 2012 race, and the sorry state …

Web First, Print Later — Why some digital news startups are branching into print — When Knight Foundation executive John Bracken said that “Print is the new vinyl” this weekend, the point of his comparison seemed lost on many. In a post on the Knight Foundation blog, Bracken clarified his metaphor:

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